 the tiger financial news network news update everyone Basel Chapman here for the tiger financial news network 10 a.m. market update on this Wednesday the 27th we've got three sessions to go before the monthly candle wraps up it's gonna be tough on Friday at 4 o'clock do we get one of those crazy last day or two market spikes or sell-offs we saw that and was it March right then everything agreed and then suddenly there was sell-off I we've got the Dow up 300 points at thirty three thousand five thirty nine after a whopping smash yesterday after the chapter we've green Roman candle saw the halfway mark in the week taken out health for 90 minutes and whoops went down as expected you would in this particular pattern to test the low of the day metal lower low really important today by the end of the day with all the negativity out there that we get back at least I would say a half to two-thirds on a closing basis of yesterday's huge decline we're looking at the S&P the Dow is up point nine four percent the S&P is up what is it up it's up one point two one percent and that's gonna be very important because we're watching this monthly candle for the S&P so this is a good session up fifty at forty two twenty five hmm up one point two one percent and this one needs to get to about the forty two thirty five or higher level on a closing basis not in today well of course in today otherwise we didn't get the closing basis but it needs to get the QQQ one two three nice move up today I think Microsoft's helping Microsoft did the double bottom test of seventy this is this is nice action so far the Q's up four point two two at three twenty one up one point three three percent nice IWM as usual is playing catch up and not doing all that well it is up a dollar forty seven yeah this is really struggling but look at the look at gold this is gonna be very important gold at this particular point is down sixteen as the arch formation takes out the left side low and this says remember my target was 1866 to 65 somewhere around that area for the 200 period moving average we're at 1886 right now down 17 looking at crude oil and crude oil is in the trading range it is down a dollar thirty it's just stuck for the moment in the second arch formation the TLT is really important when the TLT at this particular moment is down fifty six the struggling yields are still high one twenty one point eighty two I'll be back for the target technicians hour stay tuned and check out my opening for my daily news today hope to see you in a few minutes otherwise tomorrow